Small business accounting software can do a lot to prevent your business from falling into this trap, keeping you on the right side of that grim statistic. Financial bookkeeping is complicated.

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Accounting software is an important tool for small businesses. Most small business owners would prefer to spend all or most of their time delivering their products or services to customers rather than generating invoices or creating financial reports. That's where a quality accounting software solution can be so valuable to business owners.

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Microsoft Office Small Business Accounting Software

Small business accounting software helps you manage your finances; it tracks the money you receive, owe and are owed.

For our review of the top accounting software solutions, we looked for affordable, easy-to-use accounting programs designed for small businesses. We wanted them to be cloud-based and have a mobile app so you can access your data anytime, anyplace. Accounting apps are becoming more relevant and can be a great resource for small businesses.

We sought out accounting systems with features designed to save you time, such as automated bank feeds, online invoicing and automatic payment reminders. We placed an emphasis on accounting solutions, not bookkeeping solutions, which is an important distinction. Tracking expenses is an aspect of good accounting software, but there's more to the best solutions than just bookkeeping capabilities. Generating detailed and comprehensive financial reports is a tremendous opportunity for small business owners to learn a lot about their business.

Some solutions only provide basic information and lack the more advanced (and beneficial) accounting tools. We excluded those software programs from our best picks, and many of those we excluded from our vendor list, too; we wanted to provide you with our recommendations of the best, most comprehensive accounting software solutions on the market.

Here are our best picks and details about our selection process. Learn more about what you should look for in accounting software by reading our accounting software buyer's guide.

Microsoft Office Accounting (formerly Small Business Accounting) is a discontinued accounting software application from Microsoft targeted towards small businesses that had between 1 and 25 employees. BizSight 365 running on Microsoft Azure was designed to replace Microsoft Office Accounting after it was discontinued. A free data migration utility included preserves all key data^[1]

The last version, Microsoft Office Accounting 2009, was available in both Express and Professional editions. It included several new features, including tax preparation add-ins, 20 new reports and a Spanish language pack.^[2]

On 16 November 2009, Microsoft discontinued its distribution of the Microsoft Office Accounting product line in the US and UK. Licensees are to receive mainstream and extended product support from Microsoft or one of its partners through January 2022.^{[3][needs update]}

Office Accounting Software

Express edition[edit]

Microsoft Office Accounting Express was the freeware version of Accounting, made available for download and also being distributed in certain editions of Microsoft Office 2007, including Professional, Small Business and Ultimate editions. This free version did not support local requirements outside of UK and USA.

History[edit]

Microsoft Office Accounting has its roots in the a 2006 release called Microsoft Small Business Accounting. A new iteration was released in 2007 with the same name. In 2008, however, the name was changed to Microsoft Office Accounting and it retained that name in 2009, which was its last iteration.

References[edit]

1. ^Feature comparison of financial accounting software from MicrosoftArchived 2007-10-14 at the Wayback Machine
2. ^What's new in Microsoft Office Accounting 2009
3. ^'Accounting Professional Home Page'. Microsoft Office Online. Microsoft Corporation. Archived from the original on 26 April 2010. Retrieved 15 May 2010. Distribution of Microsoft Office Accounting was discontinued effective November 16, 2009. We would like to thank the many dedicated users and partners who have been enthusiastic supporters of Office Accounting over the years. Customers who purchased a product license for Office Accounting before November 16, 2009 may continue to use Office Accounting. Product support for Office Accounting will continue in accordance with the published Microsoft product support life cycle.
4. ^'Microsoft Office Accounting 2009 Service Pack 1 (KB959057)'. Download Center. Microsoft. 20 February 2009. Retrieved 12 December 2012.
5. ^'Microsoft Accounting 2009 Life-cycle Information'. Support Center. Microsoft. Retrieved 12 December 2012.
6. ^'Microsoft Office Accounting 2009 Service Pack 2 (KB971975)'. Download Center. Microsoft. 27 October 2009. Retrieved 12 December 2012.
7. ^'Microsoft Office Accounting 2009 Service Pack 3 (KB2006634)'. Download Center. Microsoft. 19 February 2010. Retrieved 12 December 2012.

Further reading[edit]

• Bsales, Jamie (10 May 2006). 'Does Microsoft's Small Business Accounting Add up?'. IT Business Edge. QuinStreet. Retrieved 12 December 2012.
• Simonds, Lauren (8 December 2005). 'Microsoft Connects POS and Accounting'. IT Business Edge. QuinStreet. Retrieved 12 December 2012.

External links[edit]

• Microsoft Office Accounting Express 2009 on Softpedia